Shawn Milne, Janney Capital Markets, explains why he upgraded Amazon to a 'buy," and raised its price target to $488 a share. And the FMHR traders weigh in on the outlook for Amazon.» Read More
Amazon.com has hired President Barack Obama's former spokesman Jay Carney as senior vice president for worldwide corporate affairs, Politico reported.
WASHINGTON, Feb 25- The U.S. Air Force on Wednesday said it will release plans within months for replacing the Russian-built RD-180 motors that now power some rockets used to launch military satellites into space, but said it would likely miss a 2019 congressional deadline to start using a new U.S. engine. Congress last year passed a law that requires the Air Force...
Almost 15 years have passed since the Nasdaq first broke the 5,000 mark. Now, the index is poised to pass that again.
CNBC's Mary Thompson takes a look at how four corporate leaders made it through the tech bubble 15 years ago and are thriving today.
The Abraaj Group has taken a 25 percent stake in Turkish online retailer Hepsiburada.com in a bid to help it grow.
SAN FRANCISCO/ CHICAGO, Feb 11- Amazon.com Inc packages ordered by its Prime members regularly arrived late over the holidays, a Reuters/ Ipsos survey shows, reflecting the strain on the logistics network that transformed the company into an e-commerce powerhouse. But the results raise questions for Amazon as it expands and takes greater control of its...
Amazon Prime may not be as big as Jeff Bezos says it is, according to USA Today.
Jessica Lessin, Founder and Editor in Chief, The Information discusses Twitter and whether Dick Costolo can continue to manage Twitter down the road.
Amazon's blowout earnings on Thursday have analysts wondering if the company can keep the good news coming in the long term.
Colin Gillis, BGC Financial analyst, breaks down the numbers on Amazon's blowout quarter and Google's big miss.
SAN FRANCISCO, Jan 29- After years of giving investors the cold shoulder, Amazon.com Inc is starting to warm up to Wall Street. This was a shift in tone for Amazon, which typically refuses to disclose more than the most basic details, including how many members belong to its $99- a-year Prime program or if its wide-ranging investments are paying off.
Amazon issued earnings of 45 cents a share, smashing Wall Street's expectations of 17 cents.
SAN FRANCISCO, Jan 29- Amazon.com Inc reported earnings of 45 cents per share for the crucial holiday quarter, trouncing analysts' expectations and sending its shares up 9 percent. Wall Street expected Amazon to report earnings per share of 17 cents, according to Thomson Reuters I/B/E/S. In 2014, Amazon paid billions for Prime shipping and put $1.3 billion into...
Massachusetts vs. Washington, home states of the two Super Bowl teams. Which state has the better economy and quality of life?
The five giants of U.S. technology are slated to report quarterly results next week. Investors are surprisingly skeptical.
Jan 19- Amazon.com Inc is making a high-stakes foray into the challenging realm of independent movies, the latest step in its attempt to move beyond simply distributing digital entertainment content to creating it. Amazon said on Monday it was aiming to produce close to 12 movies a year for theatrical release which would then be available on its Prime video...
Jan 19- Amazon.com Inc is getting into the movie business, building on some early successes in TV productions, the latest sign of the Internet retailer's eagerness to build itself into a major Hollywood player. Amazon said on Monday it was aiming to produce close to 12 movies a year for theatrical release which would then be available on its Prime video service...
Quartz contributor Jason Lynch, discusses Amazon's content strategy and reveals the four new Amazon shows you cannot miss.
Discussing the pressure being put on Best Buy by retailers like Amazon and Wal-Mart, with Henry Blodget, Business Insider editor-in-chief & CEO, and the "Squawk Alley" crew.
Jan 14- Mexican billionaire Carlos Slim has become the largest shareholder of New York Times Co after exercising warrants to double his stake in the publisher to 16.8 percent. New York Times, controlled by the Ochs-Sulzberger family through Class B shares, paid back the loan in 2011.. New York Times intends to use cash proceeds of about $101.1 million to buy back...